By Breana Noble, MediaNews Group
Ford Motor Co.’s larger SUVs and trucks outweighed a downward sales trend from the expiration of the federal government’s plug-in vehicle tax credit, propelling the Dearborn automaker to a 1.6% increase year-over-year in October U.S. deliveries.
Ford’s EV sales declined almost 25%, and hybrids fell 4%, while internal combustion engine vehicles represented 87% of sales. CEO Jim Farley has forecasted U.S. EV sales will halve as a result of the lost up-to $7,500 tax credit for eligible electrified vehicles as obstacles among many consumers persist around EV affordability, accesses to charging stations, range anxiety, grid reliability and behavioral changes.
Average transaction prices for new EVs rose to $65,021 in October, the second-highest on record, acco

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